It may not have enough electric vehicles, powerpacks or the capital, but India has found a way towards mass electrification: swap batteries. The solution, where empty batteries can be exchanged for charged-up ones, is still in nascent stages in China, the world’s largest EV market, where it is anchored in strong government policy. Elsewhere, it hasn’t quite taken off. But ...

  It is spreading like wildfire. Homebuyers in China are refusing to pay the mortgage on properties they’ve bought but that their financially strapped developers can’t finish. Some say that they will only resume payments when construction restarts. The protest involved more than 100 delayed projects as of July 13, up from 58 projects just one day earlier. The frustrated ...

  Typically, the most effective foreign policy pairs smart tactical substance to an overarching strategic theme. Framing a foreign policy correctly can sustain domestic political support, attract allies and provide the intellectual guidance for action. Conversely, flawed framing can undercut any good that specific policies may otherwise be doing. When it comes to China, US President Joe Biden’s administration risks ...